Warren's big healthcare plan relies on big assumptions


  • World
  • Saturday, 02 Nov 2019

FILE PHOTO: Senator Elizabeth Warren (D-MA) speaks during an event to introduce the "Medicare for All Act of 2017" on Capitol Hill in Washington, U.S., September 13, 2017. REUTERS/Yuri Gripas/File Photo

WASHINGTON (Reuters) - Democratic presidential candidate Elizabeth Warren's plan for universal healthcare rests on an assumption she can radically change an industry the size of Germany's entire economy without new costs for the average taxpayer.

On paper, the plan by the senator from Massachusetts to use government bureaucracy to create a more efficient healthcare system gets credibility from the fact that most rich nations, including Canada and France, already do just that.

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